Trending Articles

Homebuilders prepare to restart delayed projects

Housing Wire

Housing starts are inching back up across the country, and a big fall in the price of lumber in recent weeks has housing economists projecting an uptick in activity from homebuilders. Housing starts increased 3.6% in May to a rate of 1.57 million, according to the most recent study from the U.S.

Don’t Wait To Sell Your House

Keeping Current Matters

We’re in the ultimate sellers’ market right now. If you’re a homeowner thinking about selling, you have a huge advantage in today’s housing market. High buyer demand paired with very few houses for sale makes this the optimal time to sell for those who are ready to do so.

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7 marketing tools that’ll help you strategize business growth with ease

Inman

Quality marketing drives business growth, but creating it can be overwhelming for busy real estate agents, especially amid a summer selling season that never ended. Here are a few tools that have helped me drive growth in my real estate business.

Prices of Residential Construction Inputs Up 23% Year-Over-Year

Eyes on Housing

Prices paid for goods used in residential construction ex-energy rose 3.6% in May (not seasonally adjusted) and have increased 16.5% over the past 12 months, according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. Building materials (i.e.,

TV: Newsday Live: Hot Tips For a Hot Market: For Sellers

Miller Samuel

I had a fun conversation with Faith Jessie, journalist and anchor at Newsday, Maura McDermott, the real estate writer at Newsday, and Monica Balsan at Daniel Gale Sotheby's International Realty. My housing data came from our Elliman Report: Long Island Sales series I author for Douglas Elliman.

Mortgage rates continue their fall, to 2.93%

Housing Wire

The average 30-year fixed-rate mortgage fell three basis points from the week prior to 2.93%, according to data released Thursday by Freddie Mac ‘s PMMS. This marks the first time in over two months mortgage rates have fluctuated outside a five basis point range above or below 3%.

More Trending

The small investments that can solidify a client relationship

Inman

Big Sky agent Charlotte Durham discusses three helpful strategies that guide her approach and gives insight into why each is important in building your client relationships — and by extension, your business.

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Post-Winter Storm Uptick for Sawmill Output in March

Eyes on Housing

The historic climb for lumber prices, combined with delays and higher costs for other building materials, is a significant limiting factor for home building in 2021.

Don't Miss the Unveiling of the 2021-22 Top Ten Issues Affecting Real Estate® 6-23

Miller Samuel

[click image for free registration]. I'm a Counselor of Real Estate (CRE) and wanted to share this. Join The Counselors of Real Estate on June 23 for the unveiling of the 2021-22 Top Ten Issues Affecting Real Estate ®.

More than half of homes sold above asking price in May

Housing Wire

Median home-sale prices hit yet another record high in May — up to $377,200, a 26% increase year over year. And 54% of homes sold above their asking price in May — another a record high, up from 26% a year ago, according to a new report from Redfin.

Hope Is on the Horizon for Today’s Housing Shortage

Keeping Current Matters

The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale.

Closing cost assistance: Where to get it and how it works

The Mortgage Report

Closing costs can take a big bite out of your savings. But there are closing cost assistance programs to help you cover the fees. Learn more here. Buying a home First-Time Home Buyers Mortgage Strategy

Q1 2021 HBGI: Home Building and Commuting

Eyes on Housing

In addition to its analysis on areas with the longest commuting times, the Q1 2021 Home Building Geography Index (HBGI) features two other Commute-to-Work data series: counties with top shares of bicycle commuters (i.e., greater than or equal to 0.5

Leveraging Social Media to Build Your Real Estate Business

RIS Media

This month, Real Estate magazine got to sit down with Rocket Mortgage® Media Manager Kollin Currie to discuss the ins and outs of social media in today’s competitive environment—and what real estate professionals can do to leverage social media to build their business.

Mortgage forbearance drops as expiration date nears

Housing Wire

Mortgages in forbearance fell for the 15th consecutive week last week to 4.04% of servicers portfolio volume ? a 12 basis point decline , according to a survey from the Mortgage Bankers Association. As of June 6, the MBA now estimates 2 million borrowers are still in some form of forbearance.

Housing Wealth: The Missing Piece of the Affordability Equation

Keeping Current Matters

The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year.

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USDA eligibility and income limits: 2021 USDA mortgage

The Mortgage Report

Learn about current USDA eligibility requirements and income limits to qualify for a zero-down USDA mortgage. USDA Loans Housing Mortgage mortgage rates Real Estate USDA

Time to Build an Apartment Building in 2020

Eyes on Housing

The average length of time to complete construction of a multifamily building, after obtaining authorization, is 17.4 months, according to the 2020 Survey of Construction (SOC) from the Census Bureau.

Bathroom Design Ideas: What’s Hot Right Now?

Point2Homes

Image: LEKSTOCK 3D / Shutterstock.com. When it comes to home updates that offer a good return on your investment, bathrooms are at the top of the list. But you definitely don’t want to put your money into improvements that are already past their prime.

US housing market is short 5.5 million homes, NAR says

Housing Wire

The National Association of Realtors says the current state of the housing market is absolutely “dire,” the consequence of a housing shortage 30 years in the making. According to the lobbying group, construction of long-term housing fell 5.5

The Canadian Property Bubble Reaches Contagion, Making A Financial Crisis Likely

Better Dwelling

Prices just outside of frothy Canadian real estate markets are growing much faster than in the city. That’s typical of a bubble, and it’s called “housing bubble contagion.”

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FHA mortgage insurance removal: Get rid of PMI or MIP

The Mortgage Report

How FHA mortgage insurance premiums work, and how to cancel your monthly MIP. With the right steps, eliminate FHA MIP in 30 days or fewer. FHA Refinance FHA HomeReady Housing Mortgage mortgage rates Refinance

NAHB Study Finds Double Sinks & Pantries the Most Popular Kitchen Features

Eyes on Housing

In the recent NAHB study, What Home Buyers Really Want, 2021 Edition, side-by-side double sinks and walk-in pantries ranked as the most popular of 30 listed kitchen features.

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FirstTeam Leadership Entrusted With Future Vision of Real Estate, Appointed to Board of Directors Positions 

First Team Real Estate

It is with great pride that we celebrate the appointments of three different members of our FirstTeam Real Estate leadership team to esteemed local Board of Directors positions for 2022 including Michele Harrington, Orange County REALTORS® , as well as Terry Karges and Elizabeth Meyers, Pacific West Association of REALTORS®.

Mortgage applications increase as 30-year rate falls

Housing Wire

After three straight weeks of declines , mortgage applications increased 4.2% for the week ending June 11, 2021, according to the latest report from the Mortgage Bankers Association.

Buying and Selling in the Summer Season

American Lifestyle

The post Buying and Selling in the Summer Season appeared first on American Lifestyle Magazine. Buying & Selling Finance Financial Advice Home Advice Home Buying Home Improvement Home Loan Real Estate Real Estate Agent Refinancing summer

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Who Are Millennials and What Do They Want in a Home?

McKissock

If you work with first-time homebuyers , chances are, you’re going to be working with Millennials. Who are millennials? They represent the biggest generation in history and the biggest group of homebuyers in America. As a real estate professional, you need to understand the Millennial generation.

Rising Material Challenges, Declining Builder Sentiment

Eyes on Housing

Rising material prices and supply-chain shortages resulted in builder confidence dipping to its lowest level since August 2020.

Red Deer sales rep Penny Kander: “The luckiest person I know”

REM Online

The following content may have been republished here without the author's permission. The original post can be found at the following URL: Red Deer sales rep Penny Kander: “The luckiest person I know”.

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Bond yields foretold housing and economic recovery

Housing Wire

The recent action in the 10-year bond yield has puzzled many people, but it looks wonderful to me as it shows that the U.S. economy is leading the world out of the recession.

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Market-Specific Home Buying Strategies

American Lifestyle

The post Market-Specific Home Buying Strategies appeared first on American Lifestyle Magazine. Buying & Selling Buying Market Financial Home Buying Home Loan Investment Loan Mortgage Real Estate Real Estate Agent Real Estate Questions Savings

Habitat for Humanity is building a 3D-printed home in Arizona

Inman

In the midst of the race to solve an acute affordable housing crisis in Arizona, Habitat for Humanity is placing its bet on 3D printing. Design Industry News Technology 3D printed homes 3d printing affordability Arizona real estate

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Purchase Mortgages Show Year-over-Year Decline

Eyes on Housing

After three straight weeks of declines, mortgage activity in the latest week rebounded, as shown in the Mortgage Bankers Association’s latest Weekly Application Surveys, increasing over 4 percent last week. Both purchase and refinance applications were up, including a 5.5 percent gain in refinances.

Branch Out! How Trees Can Affect the Value of a Home

Realtor.com

Getty Images Any tree hugger worth her bark knows that trees help the environment by supplying oxygen, improving air quality, conserving water, stabilizing the soil, and providing a habitat for wildlife. And let’s not forget that they also provide shade and beautify our homes.